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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: JM who wrote (653)3/4/1998 9:34:00 PM
From: Pancho Villa  Respond to of 4155
 
Guys you are all day dreaming. No one that looks deeply into it will buy CNC at least not until something like what happened at oxhp happens.

The warranties on loans to officers represents off balance sheet financing; this coupled with the stock buyback and increased debt in this environment represents substantially increased financial risk which will result in debt rating downgrade. You wait and see.

Pancho